98023 rental market

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Last updated August 13, 2025

Rental market summary

The average rent for 1 bedroom properties in 98023 is $1,648.

Average rent

$1,648

Month-over-month change

+$61

Year-over-year change

+$6

Available rentals

21

Source: Zillow Rentals data

Rental price range

The price range for 1 bedroom properties is $1,375 to $2,599.

Rent frequencies
Rent priceNumber of rental properties
$1,3002
$1,4001
$1,5007
$1,6006
$1,7005
$1,8001
$2,1001
$2,2001
$2,500+1

Average rent price over time

In the last year, rent has increased by $6 compared to the previous year.

Average rent price over time
Last year (2024)This year (2025)
Jan$1,542$1,591
Feb$1,561$1,568
Mar$1,531$1,537
Apr$1,625$1,551
May$1,625$1,561
Jun$1,599$1,600
Jul$1,610$1,575
Aug$1,657$1,650
Sep$1,656No data
Oct$1,599No data
Nov$1,619No data
Dec$1,575No data

Market temperature

The 98023 rental market temperature is COOL. Market temperature is based on changes in renter demand compared to the national average. For example, a hot market has increasing demand.

cool

Temperature is based on all bedrooms and all property types.

Compare average rent in markets

Rent in 98023 is 4% higher than the national average.

98023vs.

$1,648

$1,590

Rent in 98023

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Frequently asked questions

1. What is the average rent in 98023?

The average rent in 98023 is $2,800.

2. How much does it cost to rent a house in 98023?

Houses in 98023 rent between $1,299 - $5,895 with an average rent of $2,800.

3. How has the rent in 98023 changed in the last year?

In the last year, the rent in 98023 increased by $500

4. How much has the rent in 98023 increased/decreased in the last month?

In the last month, the rent in 98023 increased by $200

5. How many available rentals are there in 98023?

There are currently 69 rentals available in 98023.

6. How do rent prices in 98023 compare with the national average?

The average rent in 98023 is $2,800 — Infinity% higher the national average of $0.